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Cost Burden

Definition

Percentage of household income spent for mortgage costs or gross rent. According to HUD programs, households spending more than 30 percent of income for these housing costs are considered to be "cost-burdened." Households spending more than 50 percent are considered to be "severely cost-burdened." Housing is generally considered to be affordable if the household pays less than 30 percent of income.

Where to Find Data on this Site

  1. The General Unit Characteristics tool contains a number of relevant tables: Cost Burden Summary Table, Owner, 2000; Cost Burden by Income, Owner, 2000: Selected Monthly Owner Costs as a Percentage of Household Income in 1999 by Household Income (Specified Owner-Occupied Housing Units); Cost Burden Summary Table, Renter, 2000; and Cost Burden by Income, Renter, 2000: Gross Rent as a Percentage of Household Income in 1999 by Household Income (Specified Renter-Occupied Housing Units)
  2. Part IH of the AHNA Quick Report also contains the two summary tables: Cost Burden Summary Table, Renter, 2000 and Cost Burden Summary Table, Owner, 2000
  3. The Household Demographic Data tool allows the user to create counts of households cross-tabulating cost burden with one or more of the following: age of householder, household income as a percentage of area median income, household size in persons, and tenure.
  4. The Special Needs Household Characteristics: General Housing and Demographic Characteristics tool allows the user to create counts of households cross-tabulating cost burden with one or more of the following indicators: presence of a person with a disability age 15 or older, age of householder, household size, tenure, and household income as a percentage of area median income.
  5. The Special Needs Household Characteristics: Substandard Housing, Income, and Cost Burden tool allows the user to create counts of households cross-tabulating cost burden with one or more of the following indicators: presence of a person with a disability age 15 or older, substandard housing conditions, and household income as a percentage of area median income.
  6. The Affordable Housing Needs Summary provides 2002-2025 estimates and projections of the number of low-income, severely cost-burdened households by tenure and income in an area.
  7. The Affordable Housing Needs section of the Profiles area includes a graph showing the Percentage of Income Spent on Housing for all households and tables showing this percentage by tenure, household income, age of householder, and household size.
  8. The Affordable Housing Needs section of the Comparisons area includes tables showing the Percentage of Income Paid for Housing for all households, renters, homeowners, elderly-headed households, low-income households (below 80% of area median income), extremely low-income households (below 30% of area median income), and cost-burdened households (paying more than 30% of income for housing).
  9. The 2010 Rental Market Study provides an extensive analysis of the characteristics and geographic distribution of cost-burdened renter households in Florida for the years 2010-2013

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